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11774 MANDARIN FOREST Drive
About This Property
(click more to continue) adds convenience and storage. Numerous updates provide peace of mind, including an HVAC system installed in 2018, water heater in 2024, new roof approximately 9 years old, and newer pool improvements. The home is serviced by a private well and septic system. Washer, dryer, refrigerator, dishwasher, and microwave all stay with the home. With its generous homesite, pool, flexible living spaces and extensive updates, this property offers the perfect combination of comfort, functionality, and outdoor living.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017